Some one with a proposed project for the organization frequently has
rose-colored glasses about the prospects for the project. The UK government ‘green book’ says this: There is a demonstrated, systematic, tendency for project appraisers to be overly optimistic.
What is an appropriate response by capital budgeting committees?
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The post Some one with a proposed project for the organization frequently has rose-colored glasses about the prospects for the project. The UK government ‘green book’ says this: There is a demonstrated, systematic, tendency for project appraisers to be overly optimistic. What is an appropriate response by capital budgeting committees? appeared first on Superb Professors.
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